Celsius Holdings Reports 10.6% Revenue Growth to $817.9 Million in Latest Quarter

Celsius Holdings, Inc. reported significant financial performance in its latest quarterly filing, with revenue reaching approximately $817.9 million for the three months ended June 30, 2026, marking a 10.6% increase from $739.3 million in the same period last year. For the first half of 2026, revenue surged to $1.6 billion, a substantial 49.8% increase compared to $1.07 billion in the first half of 2025. The growth was primarily driven by the inclusion of full operations from the Alani Nu and Rockstar brands, which were acquired in April and August 2025, respectively. However, net income attributable to common stockholders for the second quarter fell to $36.4 million, or $0.14 per share, down from $85.7 million, or $0.33 per share, in the prior year, largely due to distributor termination fees and increased promotional expenses.

The company experienced notable changes in its operational structure, particularly with the integration of Alani Nu and Rockstar into its portfolio. Revenue from Alani Nu reached approximately $364.4 million in the second quarter, reflecting a 21% increase year-over-year, while Rockstar contributed $66.5 million in revenue for the quarter, having been acquired just prior. In contrast, revenue from the Celsius brand declined by 11.7% to $387 million, attributed to increased promotional investments and inventory rebalancing efforts. The company also recorded $80.9 million in distributor termination fees during the quarter, a new expense category resulting from the transition of distribution rights to Pepsi.

Celsius has made strategic moves to enhance its market position, including the execution of amended distribution agreements with Pepsi, which now serves as the primary distributor for all three brands in the U.S. and Canada. The company received $275 million from Pepsi to cover distributor termination fees, which has been fully utilized. Additionally, a Channel Transition Amendment was executed in May 2026, resulting in further territory rights being transferred to Pepsi, with an additional reimbursement of $81.1 million for related fees. These agreements are expected to streamline operations and improve distribution efficiency.

Operationally, Celsius reported a gross profit of $393.7 million for the second quarter, with a gross margin of 48.1%, down from 51.5% a year earlier, primarily due to higher promotional activities. Selling, general, and administrative expenses remained stable at $237.6 million, reflecting the company's ongoing investment in marketing and brand expansion. The company’s cash position improved significantly, with cash and cash equivalents totaling $631.2 million as of June 30, 2026, compared to $398.9 million at the end of 2025.

Looking ahead, Celsius Holdings, Inc. remains optimistic about its growth trajectory, bolstered by its expanded brand portfolio and strategic partnerships. The company anticipates continued revenue growth driven by strong demand for its products and successful integration of its acquisitions. However, it also acknowledges potential challenges, including market competition and the need to manage promotional expenses effectively. The company’s management believes that its current cash reserves and operational cash flows will be sufficient to meet its financial obligations and support future growth initiatives.